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2844 Griffin Avenue

2844 Griffin Avenue, Los Angeles, CA 90031
Sold Jan 31, 2020
$891,500
$757,500 by Bank Of America Na
Mortgage Due Feb 01, 2050
Sold Jan 16, 2020
$800,000
$640,000 by United Wholesale Mortgage
Mortgage Due Feb 01, 2050
Local assessors in Los Angeles, CA have categorized 2844 Griffin Avenue as a residential type of property. The property's lot size has been calculated to be 29,734 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2844 Griffin Avenue sold most recently in Jan 14, 2020 for a total of $891,500. Before that, the property was also sold for $800,000 in Jan 14, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 2844 Griffin Avenue was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $1,632,488. If we break it down further, the land itself was valued at $902,026. Improvements to the property, however, were assessed at a total of $730,462. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,734
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOOTHILL TRACT
  • Land Acres: 0.683
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: FOOT HILL TR EX OF ST LOTS 3,3 1/2,4 AND4 1/2 BLK 6

Ownership

  • Current Owner : ORTIZ NATHANIEL
  • Current Owner 2: ORTIZ MADELINE
  • Previous Owner : PRESKIN LLC
  • Owner Before Previous Owner: PRESKIN LLC
  • Ownership Rights Codes: Community Property
  • Vacant Flag Date: Jul 24, 2020

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 199300

Zoning

  • Zoning: LARD3

Geography

  • Parcel: 5206-011-027
  • Block: 6
  • Lot: 3-4
  • Latitude: 34.0803
  • Longitude: -118.212

    Address

  • Full Address: 2844 Griffin Ave
  • Address - House Number: 2844
  • Address - Street Name: Griffin
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 2036
  • Zip Code: 90031

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 0-004

    Appraisal Valuation

  • Standard Deviation: 0.2769
  • Valuation Date: Oct 14, 2020
  • Confidence Score: 77
  • Final Value: 941,179
  • High Value: 1,201,822
  • Low Value: 680,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $757,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 31, 2020
  • First Open Lien Mortgage Loan Amount: $757,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $1,632,488
  • Assessed Land Value: $902,026
  • Assessed Improvements Value: $730,462

    Sales

  • Current Sale Contract Date: Jan 14, 2020
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Transaction ID: 11721189311
  • Current Sale Price: $891,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0126521
  • Previous Sale Recording Date: Jan 16, 2020
  • Previous Sale Contract Date: Jan 14, 2020
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 31, 2020
  • First Mortgage Loan Amount: $757,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Jan 16, 2020
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050

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Frequently Asked Questions

What neighborhood is 2844 Griffin Avenue located in?
The 2844 Griffin Avenue is a house located in the neighborhood of Lincoln Heights in East LA, Los Angeles.
What is the average sales price for listings in 2844 Griffin Avenue?
The average sales price for units in 2844 Griffin Avenue is $0 currently.

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